Case Study FirstBank Mortgage

Case Study FirstBank Mortgage

FirstBank Mortgage Reduces Incentive Compensation Processing Time by 75% with CompenSafe

The Challenge

With upwards of 12 people getting paid commission on a single loan, FirstBank Mortgage needed to streamline a chaotic series of emails and spreadsheets into a more efficient process.

The Results

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Full transparency into commission calculations for commissioned employees
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Increased accuracy and process efficiency
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Direct integration with Encompass® by ICE Mortgage Technology

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Improved communication and greater trust between the accounting department and production staff
“Out of all the tech we have, the return on CompenSafe is by far the best. It streamlines processes, improves communication and builds trust.”

Lee Townsend, Director of Retail Mortgage Banking
FirstBank Mortgage